Olear Makes It Clear – Episode 20 – Rate Lock
The rate local allows the mortgage borrower to secure a guaranteed interest rate for a set period of time so they know what the actual rate will be when they complete the purchase of a property. When...
View ArticleOlear Makes It Clear – Episode 21 – Rights of Survivorship
Rights of Survivorship: This is used when two or more people purchase a property together in their individual names, creating a legal relationship also known as “tenancy in common.” When one owner...
View ArticleOlear Makes It Clear – Episode 22 –Short Sale
Short Sale: This occurs when a homeowner sells a property for less than what is currently owed on it, which can result in a difficult transaction for all involved. A homeowner cannot begin the short...
View ArticleOlear Makes It Clear – Episode 23 – VA Mortgage
A VA (Veterans Administration) mortgage allows active service members, veterans and surviving spouses to receive backing for home financing that takes the form of guarantees by the Veterans...
View ArticleBe prepared to talk with your parents about selling the family home
Have you sat down and had “the talk” yet with your parents? No, not the talk about the birds and the bees. This conversation — with an aging parent or parents — focuses on their changing needs and the...
View ArticleBefore making the big move, do your homework
Whether you’re moving down the street or to a new city or state, the physical act of moving can be stressful and, at times, overwhelming. So before you embark on the big move, do a little homework to...
View ArticleSelling your home? Do you know your neighborhood’s absorption rate?
There are many things to consider when selling a home, but here’s a term that you may have never heard of: absorption rate. And, it’s important to know the absorption rate for your property before you...
View ArticleWhen is it appropriate to rent back the property you are selling?
Imagine this scenario: You’re selling your house and purchasing another. You’re told you need to be out of your home by a specified closing date. Unfortunately, your new destination experiences a...
View ArticleTake steps to safeguard from fraud in everyday life
Take a quick look at your email spam folder. If it’s anything like ours, you probably have at least a half-dozen emails telling you that you’ve won an exciting prize, or maybe even a couple from banks...
View ArticleSenior Living Communities on College Campuses: Bridging Generations
In recent years, an innovative trend has emerged in senior living: the development of communities on college campuses. These unique living arrangements offer a blend of vibrant campus life and...
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